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The growing breadth and success of the UK recorded music market is highlighted in the BPI’s All About The Music yearbook.
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The BPI today announces details of the latest (22nd) round of Music Export Growth Scheme (MEGS) funding.
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In what proved a landmark 12 months, women artists spent the most weeks at No.1 on the Official Singles Chart in a calendar year since the countdown launched in 1952.
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UK artists are behind four of the ten most-streamed tracks globally on Spotify over the past year, led by Harry Styles’ As It Was.
This piece was first written by BPI CEO Geoff Taylor for Music Business Worldwide, published online on 2nd August 2022.
The global recorded music market grew by 18.5% in 2021.
Rising physical sales support streaming-fuelled growth.
New generation of talent scoring hundreds of millions, even billions of streams per year as British stars claim global success.
Rise of 2.5% in UK music consumption to 159 million albums (or their equivalent) – up for 7th year, driven by streaming.
